A: Profile prices stumble endlessly
Market price: According to the monitoring shows that, as of August 16, 25 # I-beam on the domestic market average price of 3939 yuan (t price, the same below), down 188 yuan over the same period the previous month, down 961 yuan over the same period last year; 25 # channel average price of 3872 yuan, down 273 yuan over the same period the previous month, the fall of 1095 yuan over the same period last year; 5 # angle average price of 3877 yuan, down 273 yuan over the same period the previous month, down 993 yuan over the same period last year; 200 × 200H steel prices for 3558 yuan the same period last month fell 378 yuan to 1292 yuan, fell over the same period last year. Month the market price of the previous month but also a wave of big diving, a lot of merchant shipping price upside is serious, but no signs of bottoming out in the present situation. According to the reporter learned from the traders at the inversion phenomenon is more common, many traders this month are basically introduced in steel prices for a few days later, the market price of firm could not only lowered the quoted market price, we can see that traders price cuts wishes have been very low.
Steel areas: into August, Laiwu, Maanshan Iron & Steel, Jinan Iron and Steel, Rizhao, Jiang Tian and other large domestic steel mills have been introduced this month's price reduction policy (see August domestic profile factory price adjustment information table), some steel mills just half a month several times down the ex-factory price (eg, Jiang Tian, Jinan Steel, Laiwu Steel), profiles factory prices have dropped, the profiles market cost of the center of gravity is constantly down, making the market rebounded more remote. From the maintenance point of view, the recent market has a lot of information about steel production overhaul, but for now, the market did not form an effective impact; the other hand, by weak demand and impact of post-market pessimism, many trade are actively reduce inventory, Kuaijinkuaichu, steel and straight hair, is already on the market today a common operating practices, the pressure on the stock traders Forced steel, and many traders believe that raw material prices continued downward market demand for continuous malaise, constant pressure already weak confidence of traders, the possibility of late August, steel price reduction is still large.
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